Do you feel it's difficult to provide a modest middle class life today?

ok then why so afraid to present to us the most substantive example of this? What do you learn from your fear?

 

I don't like to stereotype or generalize or label anything. I prefer to have separate dialogue on each issue with the goal of realizing the best options for solution and success...

 

I don't have fear on this crap?? No labels...period! Speak to the person, to the moment and don't generalize...

 

Their parents screws them by establishing an unsustainable economy built on debt based consumerim. Now the price of everything is too high, and wages aren't.

 

you said: "the way they[labels] are used today IMO is a sign of self-serving ignorance."
I asked for your best example of this but you had none, zip. That's is why you are afraid to even try to present a best example

 

That's still the practical man quote in play!

 

if prices were too high we would not have record car sales and Iphone sales at the new higher prices. People would have defaulted on their old cars and phones.

growth and wages have stalled somewhat though thanks to liberals driving our jobs offshore with their taxes unions and regulations and inviting in 30 million illegals to take the remaining jobs and bid down their wages.
Any liberal who opposes more illegals coming in to take their jobs and bid down their wages is shot dead as a racists!! You gotta love liberalism!!

 

that's exactly what cheep credit accomplishes

 

Obviously if there was something wrong with the credit people would have defaulted on past versions of their iPhones and cars And not qualify for credit on the latest versions. Now do you understand.?

 

Yes it is somewhat practical void of politics and labeling...

 

Are you unaware of the large number of auto loan defaults now taking place?

 

What is typical? Someone with a HS diploma? I think that begs the question. If all you have is a HS diploma and no skills then yes, it is harder. If you have a degree is something useless, then yes, it is harder.

If you have a skill that cannot be farmed out to foreign countries then no.

I actually have a skill that can be farmed out (among other skills that cannot be) but have found that by providing use that skill cannot be farmed out.

The best job is the job you create. That is what I have done.

 

yes unaware based on facts:


60-Day+ Auto Loan Delinquency Rate Average Auto Loan Debt per Borrower
Q4 2015 1.27% $18,004
Q4 2016 1.44% $18,391
Q4 2017* 1.43% $18,588
Q4 2018* 1.46% $18,694

 

You can avoid the political economic labelling only by saying nothing. Even if you're pluralist and open to all the different schools of thought, a decision is made to provide justification for conclusion.

 

Weren't you taught not to judge when you were a kid? I remember in 3rd grade our teacher was absent and I commented that she was hung-over so I had to write on the blackboard 500 times 'I will not gossip'. I don't need stereotyped labels for anything I do in life...

 

A label isn't necessarily positive or negative. It provides knowledge in itself. For example, it informs which political economy school you find pertinent.

 

true enough, a noun is a label. Without labels the world would grind to a halt. If you lack IQ to understand them of course you oppose them,

 

I clawed my way through and out of the middle class around year 2000. It was difficult. I don’t know if it is harder now than years ago since I only did it once. Buy I would venture to say that today, not as many people are willing to put in the effort. You can’t deposit a college degree into your checking account, you actually have to make your education pay. And that takes time and effort....a lot of time and effort.

 

The "you don't know work like we do" cliche? That is absolute cobblers. Issues today do not reflect supply side deficiencies. They reflect constraints imposed by neo-liberalism, with concentration of wealth and reduced real economic choice.

 

But the moment you place that stereotyped label on someone that someone loses their own personal merits and contributions. I would suggest that most intelligent people will prefer a hybrid economy selected from various schools of thought...

 

There is no such thing as a hybrid economy selected from vari9us schools of thought. There is knowledge crossover (such as post Keynesians learning from Marxists over crisis theory), but you'll eventually have to choose one approach.

 

half capitalism and half communist would show pure ignorance since they are contradictory.

 

'Having to choose one approach' will only lead to failure since no one approach satisfies all the needs of business and society. Sort of like voting in which 'most' voters relate to a single political party and become incapable of voting outside of those party preferences...this guarantees the best candidates for each office will not receive the majority of votes. All of this is a detriment to society...

 

Unfortunately not the definition of 'hybrid'...

 

You have to choose one approach, as the different schools of thought (although they steal from each other) deliver unique understanding of policy. The best you have, in terms of hyrid, would be post-Keynesianism (as it borrows from orthodox and Marxist analysis to try and understand economic outcome). However, that's still a little short in determining coherent strategy.